Shiba is ranked 19th in terms of market capitalization in the cryptocurrency market.
Pepe is ranked 27th in terms of market capitalization.
Honestly, anyone new entering the market should avoid just hearing about two coins, getting hyped, and buying them. Let me give you my perspective on these two coins and why people are buying them. 🤔
These two coins were a big deal in the past, especially in the years 2020, 2021, and 2023. This year, Pepe was launched, but it's been around for 3 years now. They haven't done anything new. They thrived during past booms in the crypto market, but now they're stagnant because the founders and teams behind them aren't working on any new serious projects. There's nothing new to boost them except past hype. And honestly, since 2020, every coin that spiked by 100x was either:
A new coin with serious goals, or
A meme coin that gained insane momentum during a bullish market.
These two coins have not done anything new. No new projects or systems or meaningful use cases have been added. They're just riding the old hype.
The only reason they're still around is because meme coin lovers and those obsessed with the market are emotionally attached. If we're being honest, if people were to buy these coins today, they'd probably be holding onto them forever—maybe even until the price hits $0.0000000200.